Market Review for 2nd April 2009
BSE Sensex: (9902) we said that ‘Crucial support once again to watch would be 9520’. The market has not breached the crucial supports and has stayed put and the market is still in a ‘sell mode’ despite closing positive. Now if it cracks 9520 then the fall would be sharper…so I watch the breach of 9520 and only then short ‘Nifty’
The support for the Sensex is 9520 and the resistance to the up move is at 10050-10201
Nifty: (3060) the support for the Nifty is at 2960 and the resistance to the up move is at 3108.
source: Prakash Gaba
Tags: bse, market outlook, nse, prakash gaba, sensex
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